5 Best Consistent Dividend Stocks To Invest In

2. Analog Devices, Inc. (NASDAQ:ADI)

Number of Hedge Fund Holders: 64

Analog Devices, Inc. (NASDAQ:ADI) is a semiconductor company specializing in the design and manufacturing of analog, mixed-signal, and digital signal-processing integrated circuits. The company offers a quarterly dividend of $0.86 per share and has been growing its dividends for the past 20 years. With a dividend yield of 1.77% as of January 31, ADI is one of the best consistent dividend stocks on our list.

As of the close of Q3 2023, 64 hedge funds in Insider Monkey’s database reported having stakes in Analog Devices, Inc. (NASDAQ:ADI), compared with 65 in the previous quarter. The consolidated value of these stakes is over $4.56 billion.

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